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<br /> <br /> Memberships and Certifications, <br /> <br /> Mileage reimbursement at state rate rather than federal rate. <br />She also asked why depreciation was showing up as a line item. Ms. Watson stated that it <br />is the first time it is showing up but it is an expenditure in the replacement cost charge for <br />the year. <br /> <br />Mr. Glickert moved to be able to direct questions to the City Manager and the City <br />Directors to clear up the many generalities that are out there and was seconded by Ms. <br />Ricci. The vote to direct questions to the principals was unanimously approved. <br /> <br />Mr. Crow asked the Director of Finance Ms. Watson about the new funding of an increase <br />in natural gas revenue compared to the original projected decrease. Ms. Watson stated <br />that upon checking with Laclede Gas, the new projection was a 15 percent increase based <br />upon the cost of natural gas now. <br /> <br />Mr. Crow also asked about the library deficit. Ms. Watson said the library felt this was the <br />year that its roof needed to be replaced and they have the reserves to do it, without <br />affecting their long term financial stability. <br /> <br />Mr. Glickert asked about the 232 percent increase in Miscellaneous Revenue. Ms. Watson <br />explained that Miscellaneous Revenue basically consists of Interest Earnings as in the <br />pension plan. It does not require a budget amendment, as it is a completely separate <br />fund. The year 2009 was an extraordinary year for investments, where most funds took a <br />30 to 40 percent loss. Fortunately the pension plan lost only 25 percent, which is actually <br />a loss of unrealized gains. It is run by a bank trustee and investment advisors. <br /> <br />th <br />Ms. Ricci asked about the CALOP fund in Miscellaneous Income. The City receives 1/10 <br />of the revenue collected by cable for administration and the rest goes to the CALOP <br />Commission. Ms. Watson stated that police training is paid with money received through <br />court fines which is in Miscellaneous Revenue. Ms. Ricci would like to see revenues <br />matched closer with expenditures for similar line items, as a better way to gauge <br />performance and feels Council is not getting an accurate figure. <br /> <br />Mr. Wagner asked if the Library is paying the City’s administration cost for processing their <br />payroll and benefits. Ms. Watson stated that the library started to pay a fee in 2009. In FY <br />10 the Library will pay $4,000 plus a small percentage of the monthly maintenance charge <br />for the new accounting software. He asked how this compared to what is charged the <br />CALOP Commission. Mr. Wagner asked the City Manager if the increase of administration <br />charges for the Economic Development Tax was a reasonable charge. Ms. Feier stated <br />that it was explicit through State Statutes that administration could charge a maximum of <br />twenty-five percent but noted this was not in agreement with the priorities of the Economic <br />Development Commission. <br /> <br />Mayor Adams asked if grants given out by CALOP are recouped if the project was not <br />completed. Ms. Watson said CALOP has changed their contracts and are now gauged <br />with milestones. <br /> <br />Ms. Ricci asked about Subdivision Fees and Taxes. Ms. Watson explained that some City <br />Parks are located within a subdivision and is therefore subject to subdivision fees. Taxes <br />are what state requires be paid on any leased equipment such as copiers. Ms. Ricci <br /> <br /> <br />